Fidelitas Management, Inc.

September 23, 2005 16:05 ET

Fidelitas Management, Inc. Rescinds Proposed Merger With Herbal ...

Fidelitas Management, Inc. Rescinds Proposed Merger With Herbal Regenesis, Inc.; Attention: Business/Financial Editor CALGARY, ALBERTA--(CCNMatthews - Sept. 23, 2005) - CALGARY, Alberta, Sept. 23, 2005 (PRIMEZONE) -- Fidelitas Management, Inc. stated today that its plan to merge with Herbal Regenesis, Inc., announced on February 2, 2005, has been terminated.

The foregoing press release contains forward-looking statements based on the Company's beliefs as well as assumptions made by and information currently available to the Company, including statements regarding the timing of the introduction of certain products. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties which are identified and described in the Company's registration statements and periodic reports on file with the SEC, some of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors including, among others, issues related to the travel and transportation industries, and prevailing economic conditions in general. In light of these risks and uncertainties, or should underlying assumptions prove incorrect, there can be no assurance that the forward-looking statements contained in this press release will in fact transpire or prove to be accurate. /For further information:


CONTACT:  Public Communications
          Michael Selsman
          (310) 553-5732
/ IN: OTHER